The IoT
Chip is the equipped device consists of hardware and software component which
is used in the gathering and transferring the data. It includes number of
various processors, IP interfaces, sensors, ASICS in the cloud for packaging
and others. The IoT chipsets are designed to cater the particular purpose of
application. These chips are applicable in smartphones, laptops, wearable
technology, automotive and transportation, medical devices to gain better
output, and therefore enhance performance. The primary factors boosting the
growth of the IoT chip market are increase in the number of networking
protocols and growing requirement for SoC-type architecture and
application-specific MCUs. Traditional microcontrollers are general-purpose
devices which can take handle a wide range of control tasks. In addition to
this, these allow a large number of IoT-integrated applications to function. IoT
chips help in enhancing the connectivity capabilities in a number of
applications and devices. IoT chipsets includes connectivity ICs in applications,
such as Bluetooth, near-field communication (NFC) and global navigation
satellite system (GNSS), are projected to be installed in smartphones and other
consumer electronics to reinforce communication protocols. This is anticipated
to further propel the growth of the IoT chip market. Moreover, the key players
in the IoT chip market are highly investing in research and development, which
is further estimated to foster the growth of the market during the forecast
period. Technological advancements in IoT likely to create the demand for
better wireless connectivity solutions for supporting new applications in the
automotive and transportation sector, as well as intelligent transportation
systems (ITSs) and connected cars. This is projected to result in increased
demand for connectivity ICs around the world. Moreover,
the integration of digital technologies such as Artificial Intelligence (AI)
and blockchain which rely on an immense amount of digital data is projected to
further drive the IoT chip market demand. The penetration rate of IoT chips is projected
to simultaneously rise with surging demand for digital data, as they are
deployed for converting and processing physical parameters into digital
signals. Apart from this, the issues associated to security and privacy of user
data are likely to impede the market growth.
Furthermore,
the increasing demand for automation and the rising application of IoT devices among
various end-user verticals, such as consumer electronics, healthcare,
industrial, BFSI, automotive, and retail, are further driving the adoption of
IoT devices which propels the market growth.
The
global Internet of Things (IOT) Chip Market is segregated on the basis of Hardware
as Processor, Sensor, Memory Device, Logic Device and Others. Based on End Use the
global Internet of Things (IOT) Chip Market is segmented in Industrial, Banking
Financial Services and Insurance, Consumer Electronics, Healthcare and Others.
The
global Internet of Things (IOT) Chip Market report provides geographic analysis
covering regions, such as Europe, North America, Asia Pacific, and Rest of The
World. The Internet of Things (IOT) Chip Market for each region is further
segmented for major countries including the U.S., Canada, Germany, the U.K.,
France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Intel, NVIDIA, Qualcomm,
Samsung Electronics, HiSilicon, Microchip Technology and others are among the
major players in the global Internet of Things (IOT) Chip Market. The companies
studied in terms of product strategy and various n several growth and expansion
strategies to gain a competitive edge in the market. The major players not only
follow value chain integration with business operations in multiple stages of
the value chain.
- In March
2020, Marvell Technology Group introduced the third generation ARM server
processor ThunderX3 along with 96 cores and 384 threads. ThunderX line is among
the company’s server CPU products, wherein the first generation ThunderX2 was
the first ARM server silicon which was considered viable and competitive
against Intel and AMD products.
- In March
2020, Microchip extended its silicon carbide (SiC) class of power electronics
to offer system-level upgrades in efficiency, size, and reliability.
Microchip’s SiC class consists of the commercially qualified Schottky Barrier
Diode (SBD)-based power modules in 700, 1200, and 1700 V variants. The new
power module class includes several topologies, including Dual Diode, Full Bridge,
Dual Common Cathode, Phase Leg and 3-Phase bridge, in addition to offering various
present and package options.
The global Internet of Things (IOT) Chip Market has
been segmented as below:
Internet
of Things (IOT) Chip Market, By Hardware
- Processor
- Sensor
- Memory Device
- Logic Device
- Others
Internet
of Things (IOT) Chip Market, By End Use
- Industrial
- Banking Financial Services and
Insurance
- Consumer Electronics
- Healthcare
- Others
Internet
of Things (IOT) Chip Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Internet
of Things (IOT) Chip Market, By Company
- Intel
- NVIDIA
- Qualcomm
- Samsung Electronics
- HiSilicon
- Microchip Technology
- Texas Instruments
- Advanced Micro Devices
- NXP Semiconductors
- Mediatek
- Infineon Technologies
- STMicroelectronics
- Marvell Technology
The
report covers the below scope:
- Global Internet of Things (IOT)
Chip Market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Internet of Things (IOT)
Chip Market trends, covering comprehensive range of consumer trends &
manufacturer trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Internet
of Things (IOT) Chip Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Internet of Things (IOT) Chip Market
report scope includes detailed study covering underlying factors influencing
the industry trends. The report covers analysis on regional and country level
market dynamics. The scope also covers competitive overview providing company
market shares along with company profiles for major revenue contributing
companies. The report scope includes detailed competitive outlook covering
market shares and profiles key participants in the global Internet of Things
(IOT) Chip Market share. Major industry players with significant revenue share
include Intel, NVIDIA, Qualcomm, Samsung Electronics, HiSilicon,
Microchip Technology and others.
Why to
Buy this Report:
- Gain detailed insights on the Internet of Things (IOT) Chip industry trends
- Find complete analysis on the
market status
- Identify the Internet of Things
(IOT) Chip Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
Free
and Paid Customization based on the requirement